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crbolken
Returning Member

1120S form Officer wages don't match

For my S Corp business taxes, when I enter the wage for officer, it returns differently than what I entered.

Why?

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6 Replies

1120S form Officer wages don't match

The wages do not match where? How are you entering the wages? Please provide more details.

crbolken
Returning Member

1120S form Officer wages don't match

I'm using Business edition for my S-Corp. When I enter Salaries & Wages in the Officer cell of $41865 and click continue, it returns to the page showing Compensation and Benefits, which under it, Salaries and Wages show $43431. I can't find where the $1566 addition is coming from. I even entered 0 for wages and the $1566 appears.

1120S form Officer wages don't match

Switch to the FORMS mode and click on that amount in question to data source where it came from. 

crbolken
Returning Member

1120S form Officer wages don't match

The form 1125E is blank.

crbolken
Returning Member

1120S form Officer wages don't match

I filled out the 1125E form and it corrected the problem.  ???

1120S form Officer wages don't match

If you had clicked on the REVIEW tab that issue probably would have been presented  ... in the FORMS mode if you look at the list of forms ... if you see a red ! mark that means there is an error or unfinished section on that form ... by clicking on the form you will see the red/pink errors boxes.  Although you really need to use the step by step mode to make all data entries the Forms mode can come in handy. 

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